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Question: Do you use bitcoin as currency or investment?
As currency
As investment
Both of them
I don't know/I don't care

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PsursV
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June 20, 2016, 04:47:39 AM
 #341

i mainy use it as onny investement...as a currency i love cash Tongue
i personally like to use bitcoin as investment. actually we have no such shop where bitcoin is accepted. i have also no experience to use bitcoin through online shopping. therefore i like to use bitcoin as investment,
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June 20, 2016, 05:00:41 AM
 #342

Most of us take this as an investment because of the continuous rising of the price itself, we tend to keep it and at the same time help it to grow. There are some online shops that accepts bitcoin as payment but the problem is, it is not available to all country.

Well that is really the real score in bitcoin that's why people treating this as investment, because of profits that they can achieved especially when there is a price rally.

That is the big bonus in bitcoin while at the same time, using it like other currency.
At the same time, we will get a bonus from fluctuation price. only using this became a currency. I agree with this opinions. the example just buys one and you can get two. Grin maybe we can achieve another bonus from bitcoin.

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June 20, 2016, 05:02:05 AM
 #343

i mainy use it as onny investement...as a currency i love cash Tongue
I think bitcoin is great to use for both. yeah because bitcoin is made indeed for both of these functions
so do not be surprised if a lot of people using bitcoin to both of these functions

jossiel
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June 20, 2016, 09:17:33 AM
 #344

i mainy use it as onny investement...as a currency i love cash Tongue
I think bitcoin is great to use for both. yeah because bitcoin is made indeed for both of these functions
so do not be surprised if a lot of people using bitcoin to both of these functions

That's true, it is great if you are going to use bitcoin for both things. As a currency you can buy things with online merchants that accept bitcoins
for the payment for their products, and as well as paying for freelancers that are going to the job that you are going to offer.
And as an investment, for trading or even holding.

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June 20, 2016, 11:14:53 PM
 #345

At first, of course, we make bitcoin as an investment, and later on we take it as a currency. For this time, I hold more my coins and wait for a greater value. After gathering satoshis, I would like to convert my BTC to fiat and spend it for stuff I wanted.

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ITVS
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June 20, 2016, 11:55:49 PM
 #346

I don't know if it truly possible to use bitcoin as a fully fledged currency at this stage but I hope it will be one day.
Things like being able to pay off your credit card with bitcoin like in Canada definitely make it more likely.
jossiel
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June 21, 2016, 04:02:01 AM
 #347

I don't know if it truly possible to use bitcoin as a fully fledged currency at this stage but I hope it will be one day.
Things like being able to pay off your credit card with bitcoin like in Canada definitely make it more likely.

Well somehow other people are using it as a currency especially those people who have daily transactions for payment and buying of goods.
But also it is good to use bitcoin as investment.
So, it has always been better if you are going to use them both as a currency and investment.

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June 21, 2016, 04:24:43 AM
 #348

I don't know if it truly possible to use bitcoin as a fully fledged currency at this stage but I hope it will be one day.
Things like being able to pay off your credit card with bitcoin like in Canada definitely make it more likely.
Pretty soon probably. I think it's too early to say that.

It's not yet widely adopted. That may be the reason why.
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June 21, 2016, 04:25:04 AM
 #349

There are not that many places where you could use it as currency. The price may continue to increase as criminals like bitcoins  Grin
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June 21, 2016, 04:33:41 AM
 #350

There are not that many places where you could use it as currency. The price may continue to increase as criminals like bitcoins  Grin

Well bitcoin now is really being used as a currency in the deep web and for sure it will happen in the future that we will use bitcoin as currency.
But as of now, I'm just using bitcoin as an investment and holding some of my bitcoin hoping for the price increase as the halving comes.
And I might get some profit out of it.

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June 23, 2016, 09:49:55 PM
 #351

I guess if bitcoin is the currency, then the internet is the economy.
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June 23, 2016, 09:58:57 PM
 #352

I guess if bitcoin is the currency, then the internet is the economy.

I think it will be more accurate to say that Internet is a global platform for the new economy.
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June 23, 2016, 10:01:45 PM
 #353

There are not that many places where you could use it as currency. The price may continue to increase as criminals like bitcoins  Grin

Well bitcoin now is really being used as a currency in the deep web and for sure it will happen in the future that we will use bitcoin as currency.
But as of now, I'm just using bitcoin as an investment and holding some of my bitcoin hoping for the price increase as the halving comes.
And I might get some profit out of it.

At a moment its better to treat it as an investment rather then currency as we are expecting higher price at halving so its better to hold till that time.
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June 27, 2016, 01:21:36 PM
 #354

Currency for the win!Investing could be a pain in the ass sometimes.Buying whatever goods i cant buy with my real life salary
jossiel
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June 27, 2016, 01:46:06 PM
 #355

Currency for the win!Investing could be a pain in the ass sometimes.Buying whatever goods i cant buy with my real life salary

Well for me bitcoin can be use both. For currency as you can buy to those online merchants that accepts bitcoin for payment.
And also a good for investment as you can invest into trading of alt coins.

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Shibashi Dogemoto
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June 27, 2016, 02:35:50 PM
 #356

Currency for the win!Investing could be a pain in the ass sometimes.Buying whatever goods i cant buy with my real life salary

Well for me bitcoin can be use both. For currency as you can buy to those online merchants that accepts bitcoin for payment.
And also a good for investment as you can invest into trading of alt coins.
Even  if you don't invest in trading and invest in bitcoin itself you can expect huge returns in future, so for me its an currency sometimes but majority of times I treat it as an investment.
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June 27, 2016, 02:47:37 PM
 #357

Do you use bitcoin as currency? Or you use bitcoin as investment? Or both?
I use bitcoin as currency and i never sell my bitcoin, but i prefer to use bitcoin when price is rising Grin

So, how about you?
I use bitcoin as currency and i never sell my bitcoin, but i prefer to use bitcoin when price is rising
i do all my bitcoin if the price goes up. if the price is back to $ 1,200
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June 27, 2016, 02:53:10 PM
 #358

At present bitcoin haven't got increased direct acceptance as currency, for this reason I always use bitcoin after converting to local currency. Also most investment were done through bitcoin, because no other investment gives profit similar to bitcoin in a short term.
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June 27, 2016, 02:55:18 PM
 #359

I mostly use my Bitcoins as both an investment and as cash, but mostly I get paid in bitcoin and usually sell my bitcoin straight away. When the price of Bitcoin is rising however, i prefer to hold onto my bitcoin and sell when the price is high. When it peaks, I sell and end up with a bit of money.

Signatures? How about learning a skill... I don't care either way. Everybody has to make a living somehow.
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June 27, 2016, 02:59:07 PM
 #360

i am using bitcoins not for the currency because that is not the most profitable thing to use them for. i am using bitcoins for investments because the
Unstable value makes investments allot better and of course you need to make good investments to make allot of profit.
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